Sports betting laws and regulations

Sports betting laws are different from place to place. In the US, sports gambling is considered illegal in most states save some like Nevada, Montana etc. The legitimacy and general acceptance of sports betting is extremely regulated in several European countries though not criminalized, but Europeans need to know the best way to bet tax free – great info at GertGambell.net. “Sports gambling” is regarded by legalized sports gambling proponents as a sports hobby for sports fans to enhance their interest in a sporting event thus being a big benefit to leagues, teams and players etc.

There are plenty of sites that are respectable that do not allow US citizens to bet through them but with the advent of the internet and offshore gambling websites it truly is getting more tough to govern the sports gambling actions of Americans. For quite a while the United States argued against the internet gambling legalities by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between states by making use of wire containing devices and the telephone. Because the internet was not yet invented during those times, legal experts today question whether regulations actually pertained to the internet services or not.

The Justice Department of the US however claimed the Wire Act did relate to all forms of online or internet gambling. In 2006, The congress wrote the SAFE Port Act and passed it to raise the United States port security. Attached to this was the Unlawful Internet Gambling Enforcement Act that prohibited US citizens from usage of electronic fund transfer or checks, credit cards etc to fund any internet betting activity.

What was important was the fact that the act dealt just with the funding of internet gambling accounts and not the actual placing of the bet. Therefore an Internet betting law attorney Lawrence Walters stated that this bill that was passed had no effect on the gambling activity of the individual but focused only on the restriction of specific transactions which were financial and relating to the banks and internet gambling sites. Thus the bill did not make internet gambling illegal nevertheless it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction instead of the specific act of betting by way of the individual.

Rep Barney Frank then introduced in 2007, the Internet Gambling Regulation and Enforcement Act as a way to legalize internet sports gambling and at the same time frame Rep.es McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act to control betting sites on the web and collect tax on all bets made.

The country of Antigua and Barbuda in 2003 registered a complaint against the US with the World Trade Organization the US (based on their sports gambling laws and ban on gambling on the internet) violated their WTO rights. The WTO ruled in their favor and though the United States appealed the initial ruling was upheld on plenty of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million as well as the right to penalize the United States copyright and trademark laws.